Reading Time: 2 minutes returns in the last 20 years

If we look at the Gold and Silver performance of the last 20-25 years in various currencies, both metals have yielded the highest average return in Indian Rupee(INR) terms of more than 12%. This is a fantastic return compared to other asset classes, which have yielded a lesser return.

Reading Time: 2 minutes On January 13, Indian gold prices reached a record high, trading above Rs 56000 without GST and above Rs 58000 with GST, tracking gains in the overseas market and weakness in the dollar index. Let us examine the reasons for this bull run.

Reading Time: 2 minutes When we examine the various asset class performances in which Indians prefer to invest their money, Indian gold emerges as the best performer in 2022. A portfolio with gold not only gives a better return, but gold also always plays the role of an Inflation hedge, safe heaven hedge and hedge against uncertain times.

Reading Time: 2 minutes Gold and Silver prices are soaring up again now with prices trading close to Rs 56000 and Rs 68000 respectively. Time and again, it was communicated in my Daily reports and Weekly blogs about these levels from last two months and Target has been achieved in all these reports

Reading Time: 2 minutes After many months of consolidation, silver prices have finally seen a breakout and are ready to head higher towards $30 in 2023. This means we might see a 25% upside from current levels of $24 and silver outperforming gold. Domestically, with the same upside potential, prices can touch the levels of Rs 80000 and Rs 83000/kg.

Reading Time: 2 minutes Fundamentals are improving for Gold as the Interest Rate peaks and the central banks’ stance turns hawkish for 2023. The robust technical setup of the Inverse Head & Shoulder pattern will take gold prices above $2000 internationally and around Rs 60000/ 10 gm domestically.

Reading Time: 2 minutes In a week dominated by central bank meetings, the end result was a more hawkish impression, despite November inflation data generally surprising to the downside. Gold and Silver are expected to continue its uptrend, buy on dips for the target of Rs 55000 and Rs 70000 respectively.

Reading Time: 2 minutes A volatile year is coming to an end, and the most important week for central banks is upon us. Gold and Silver will continue their northward trajectory next week too, as weekly closing is very strong. The next target for Gold is Rs 54500 and for Silver Rs 70000 in the coming days.

Reading Time: 2 minutes Bullion price has benefited from broad-based US Dollar weakness and gained nearly 2% this week. Gold and Silver prices has mainly got a boost on change in FED stance from hawkish to dovish.

Reading Time: 2 minutes The US Federal Reserve declared that it may soon need to pivot, the risk of a US recession next year is near “as likely as the base case.” This news turned out to be dollar-negative and bullion positive.

Reading Time: 2 minutes Bullion prices are seeing some retracement, as the prices had run up too much and too fast. The low US CPI print drove the bullion rally, markets traded cautiously this week. The overall view is buying on dips for the precious metals pack for the next few days.

Reading Time: 3 minutes Gold prices have turned up and has gained $155 from low of $1616 to $1771. This acceleration and sharply higher movement come on talks that the FED may ease its hawkish policy. Domestic gold prices seems to have made short-term bottom around Rs 50000/10 gm and as prices have given weekly close above important downtrend line channel resistance of Rs 53000/10 gm, it seems Rs 56000/10 gm and Rs 58000/10 gm is on the cards in few months.